Having a laugh at the credit crunch.
Moments of levity are few and far between in the financial crisis. Gordon Brown’s quip when a mobile phone went off during a speech – that it was someone ringing to tell him about another banking collapse – is perhaps the high point in the humour stakes.
Another contender for best meltdown joke came from a wag who said that with the part-nationalisation of Royal Bank of Scotland, direct insurer Churchill should be rebranded as Winston Churchill. Ok, it’s not side-splitting, but we can’t afford to squander laughs in these frugal times.
So to cheer us all up, here’s a game for your Hallowe’en bash: pass the toxic collateralised debt obligation. Whoever is holding it when the music stops has to pay £40bn. Sure to bring the whole party to its knees.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
